An Awareness of the Normal Balances of Accounts Would Help

question 13

Multiple Choice

An awareness of the normal balances of accounts would help you spot which of the following as an error in recording?

• A) A debit balance in the dividends account
• B) A credit balance in an expense account
• C) A credit balance in a liabilities account
• D) A credit balance in a revenue account

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Definitions:

Cones

Photoreceptor cells in the retina that are responsible for color vision and function best in relatively bright light.

Visual Receptors

Visual receptors are cells located in the retina of the eye that are sensitive to light and enable vision.

Retina

The light-sensitive layer of tissue at the back of the inner eye, which converts light images into electrical signals sent to the brain.

Optic Nerve

The nerve that transmits visual information from the retina to the brain.